Counting Cost Of Fossil Fuels Flashcards
Describe the trend in demand for renewable energy.
The demand for renewable energy increases as the global demand increases
As the supply of fossil fuels declines demand for renewable sources continues to increase
Identify two factors that contribute to this trend
Increase in world population
Increase in the use of goods/materials
Increased travel
Decrease in fossil fuels sources
Name one emerging economy and explain its role in the trends shown
Brazil/China/India/Russia
The emerging economy demonstrates increased fueldemand for transportation, industrial growth and increased standard of living, in this way it contributes to the rising global demand.
The additional demand also contributes to the decline in fossil fuel supplies as these are used up more rapidly.
The high energy demand however also contributes to the rising demand for renewable energy as the economy seeks to supplement and secure its energy supplies